Three major projects sealed by Kazakhstan and KoreaKazakhstan and Korea have agreed on three major joint projects: construction of the Balkhash Thermal Power Plant, construction of a gas chemical facility in Atyrau Oblast and development of Zhambyl oil and gas field.
Massive PNG gas project loads first shipmentAustralian energy firm Santos said Friday the first exports from its huge US$19 billion gas project in Papua New Guinea will soon depart for Japan, four years after the joint venture was given the go-ahead.
16 May 2014
Counting losses from Kashagan suspensionLosses from the forthcoming two-year suspension of the Kashagan oilfield development project in Kazakhstan are estimated at two billion dollars in the least.
11 May 2014
Chevron, YPF ramp up Argentina shale investmentUS oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another $1.6 billion to develop Argentina's Vaca Muerta shale formation for oil and gas projects.
12 April 2014
Earth Hour to tap crowdfunding for green campaignsLights will go off in some 7,000 cities around the world for this weekend's Earth Hour event, which will aim to raise hundreds of thousands of dollars for environmental projects worldwide.